Fuel Cell Capacity to Increase 250 Times

Researchers at Allied Business Intelligence (ABI), Oyster Bay, N.Y., claim that the overall capacity of fuel-cell energy generation will increase by a factor of 250 in the coming decade. "The pressure on the fuel cell companies will be greater than ever before, due to Wall Street's attention to fuel cells and the fuel cell industry's ability to deliver stationary fuel cell units on time,"...

Staff

06/01/2001

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Researchers at Allied Business Intelligence (ABI), Oyster Bay, N.Y., claim that the overall capacity of fuel-cell energy generation will increase by a factor of 250 in the coming decade. "The pressure on the fuel cell companies will be greater than ever before, due to Wall Street's attention to fuel cells and the fuel cell industry's ability to deliver stationary fuel cell units on time," said Atakan Ozbek, director of ABI's fuel cell study.

ABI says the current fuel-cell electricity generating capacity is about 75 MW. This will jump to more than 15,000 MW worldwide by 2010. The company claims that while the U.S. will take the early lead, Germany and Japan "are the other two giant markets that will realize early deployments."